Encouraging the issuance of publicly traded infrastructure bonds

ZINARA to float US$250m worth of infrastructure bonds

Zinara will float US$250 million worth of infrastructure bonds to mobilise funds for upgrading the Harare-Masvingo-Beitbridge highway. This comes after government terminated a contract that had been awarded to Chinese contractor Anhui Foreign Economic Construction Group Limited (Afecc) to roll out the US$1,2 billion project.